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a. can change rapidly

b. protects the less fortunate

c. is easy to regulate

d. encourages growth

2007-10-22 17:19:32 · 5 answers · asked by Anonymous in Social Science Economics

5 answers

The answer is D. Free markets tend to utilize resources to their utmost efficiency. This makes it so that prices tend to drop because suppliers are more efficient, and buyers tend to buy more because of said efficiency on the part of the suppliers. Buyers get more product for less money, and suppliers are able to provide more for less, fueling them to produce even more of that good, thereby creating economic growth.

2007-10-22 18:08:00 · answer #1 · answered by ajfrederick9867 4 · 2 0

The answer is definitely D.

A free market can change rapidly, but its not really an important advantage. The less fortunate are not protected at all because it is survival of the fittest in a free market. A free market is not regulated either. Growth is encouraged in a free market because companies compete with each other to maximize profits. So the answer is D.

2007-10-22 17:30:04 · answer #2 · answered by Toot 3 · 2 0

Well, it can change rapidly and it can also encourage growth, but I would go ahead and say that for the answer, it is
D. Encourages Growth.

It doesn't protect the less fortunate, it only makes them even less fortunate, and it is not regulated at all.

2007-10-22 17:25:42 · answer #3 · answered by Anonymous · 0 1

e. Downloadable porn in any media format.

The second best choice is a. People who answer D are brainwashed. Look how fast the USSR grew without free markets. China is growing like crazy and it doesn't even let their currency float. The true advantage of a free market is that it allows it to be flexible, responding to threats or opportunities without having to go through a bureacracy. That flexibility encourages SUSTAINED growth.

2007-10-22 18:26:16 · answer #4 · answered by Chuck B 2 · 1 2

First of all, it's free! 2nd, since it's free it's bound to have lots of traffic.

2016-04-09 23:03:52 · answer #5 · answered by Anonymous · 0 0

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